The face-to-face meeting between the U.S., Japan, Australia, and India follows the first-ever Quad summit, held virtually in March.
The gathering would highlight the four Indo-Pacific democracies' unity in the face of China's growing assertiveness.
Biden is attempting to establish "a position of strength" in order to engage directly with Chinese President Xi Jinping, possibly on the sidelines of the G20 Summit in late October in Rome.
According to sources, the Quad summit will take place after the U.N. General Assembly's general debate in September in New York.
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